Industry welcomes decision on energy efficiency in buildings

Industry welcomed the Government’s confirmation yesterday that it will not commence powers in the Deregulation Bill which restrict the ability of local authorities to impose their own requirements for energy efficiency until the Zero Carbon Homes (ZCH) standard is in... View Article

Chancellor confirms housing economic pillars of wisdom

In his annual Mansion House speech the Chancellor confirmed two key economic pillars that would control house price inflation and create the thousands of homes the country needs. He confirmed that the housing market does not pose an immediate threat to the... View Article

HBF continues to explain housing realities

The Home Builders Federation (HBF) has been busy providing common sense responses to counter ‘expert’ comments that have not been helpful to the housing sector and economy’s continued recovery. Following Deputy Prime Minister Nick Clegg saying Help to Buy should... View Article

Government heralds Help to Buy success

According to government figures, almost 20,000 households have purchased a home under the Help to Buy equity loan scheme in its first 12 months. The statistics show that 19,394 sales were made under the initiative since it was launched in... View Article

Minister pledges to help industry reputation

Having recognised the need to build thousands of homes around the country Housing Minister Kris Hopkins has also realised that the housing industry must now help existing communities appreciate the need to create new and quite large neighbourhoods – possibly... View Article

Will banks put the brake on house price inflation?

There is concern among some economic commentators, including the Bank of England governor Mark Carney, that recent house price inflation will create a property bubble that will burst and hurl the country into a new recession. However, what these experts... View Article

Paying the price of regulation

Patrick Mooney of Mooney Thompson Consulting comments. Over the summer months, housing association chief executives and chairmen face an anxious time worrying about a lengthening list of regulatory changes being imposed on the sector. However, not one of these changes is likely... View Article

The zero carbon homes target: still wide of the mark?

Steve Sanham, development director at Hub Residential, explores whether the allowable solutions mentioned in the Queen’s speech make zero carbon homes more achievable. The ‘allowable solutions’ mentioned in the Queen’s speech may seem incongruous compared to other announcements in the... View Article

IMF warns that housing market is risk to UK recovery

The International Monetary Fund (IMF) has said that lack of housing supply in the UK economy is a fundamental economic issue. However, the IMF did recognise the government’s efforts to increase new homes supply, while highlighting the barriers to increased... View Article

Gross mortgage lending stable in May

Gross mortgage lending held steady in May and was an estimated £16.5 billion, according to the Council of Mortgage Lenders. This is identical to April’s gross lending total and is 12% higher than May last year (£14.8 billion). Commenting on... View Article

Construction activity up but growth is slowing

New figures released today reveal that construction activity continued to rise in May, but economists are concerned that the recent high rate of growth appears to be slowing. Barbour ABI, which supplies construction data to the Office for National Statistics... View Article

Property market seeing growth says United Trust Bank

Paul Keay, Property Development Director at United Trust Bank, says: “Talk of a house price bubble may be over-egging the cake somewhat but there’s no doubt that the property market is seeing some encouraging growth. UK house prices outside of... View Article